empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Key documents
Social Responsibility
12.03.2025 07:03 AM
How to Trade the EUR/USD Pair on March 12? Simple Tips and Trade Analysis for Beginners
Open trading account Open demo account

Analysis of Tuesday's Trades

1H Chart of EUR/USD

This image is no longer relevant

On Tuesday, the EUR/USD currency pair continued its upward trend without any corrections or pullbacks. For a few days, the euro traded between the levels of 1.0804 and 1.0888 before resuming its ascent. There were no significant macroeconomic factors influencing this movement, similar to previous trends. The only notable report released that day was the JOLTs job openings data from the U.S., which was slightly better than expected. However, this did not affect the dollar's performance, as Donald Trump announced new tariffs on Canada overnight. Specifically, he expanded existing tariffs in response to Canada's refusal to easily accept becoming the 51st state of the U.S. Import tariffs on steel and aluminum were doubled, and the market clearly reacted to Trump's decisions.

5M Chart of EUR/USD

This image is no longer relevant

On the five-minute timeframe on Tuesday, several trade signals were generated. The first sell signal around the 1.0845-1.0851 area turned out to be false. However, the subsequent buy signal from the same range allowed traders to secure a good profit. Three more buy signals followed, enabling novice traders to maintain long positions easily. Eventually, the pair reached the 1.0940-1.0952 zone and bounced off it, which provided an optimal point for closing long positions and even opening short positions.

Trading Strategy for Wednesday:

In the hourly timeframe, EUR/USD remains on a medium-term downward trend, though the chances of its continuation are decreasing. The fundamental and macroeconomic background continues to favor the U.S. dollar much more than the euro, so we still expect a decline. However, Donald Trump continues to drag the dollar down with his daily decisions and statements. Currently, fundamentals and macroeconomics are overshadowed by politics and geopolitics.

On Wednesday, the euro could move in any direction, as macroeconomic and fundamental factors no longer consistently impact the pair. The U.S. inflation report is important, but Trump's actions are more significant.

For the five-minute timeframe, consider trading around the levels of 1.0433-1.0451, 1.0526, 1.0596, 1.0678, 1.0726-1.0733, 1.0797-1.0804, 1.0845-1.0851, 1.0888-1.0896, 1.0940-1.0952, 1.1011, 1.1048. The U.S. inflation report for February is set for release, and we would have called it a major event just a week and a half ago. Now, it barely matters, as the market is solely reacting to Trump's decisions and statements.

Core Trading System Rules:

  1. Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.
  2. False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.
  3. Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.
  4. Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.
  5. MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.
  6. Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.
  7. Stop Loss: Set a Stop Loss to breakeven after the price moves 15 pips in the desired direction.

Key Chart Elements:

Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders.

Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading.

MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals.

Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals.

Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success.

Paolo Greco,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Technical analysis
EUR/USD Forecast for March 13, 2025 Yesterday, U.S. inflation data indicated a slowdown in February, with core CPI at 2.8% year-over-year compared to 3.0% in January, which was also above the forecast of 2.9%. However
Laurie Bailey
05:13 2025-03-13 +02:00
1180
Technical analysis
GBP/USD Forecast for March 13, 2025 By the end of yesterday, the British pound experienced a slight increase, continuing its overall upward trend. The price is attempting to reach the target level of 1.3001, while
Laurie Bailey
05:13 2025-03-13 +02:00
1030
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations and Analysis for GBP/USD on March 13: The Pound Decided Not to Wait Around

Unlike the euro, the GBP/USD currency pair continued its upward movement on Wednesday. The British currency is not standing still; it is taking advantage of favorable conditions. Although the euro
Paolo Greco 03:12 2025-03-13 UTC+2

Trading Recommendations and Analysis for EUR/USD on March 13: Did Anyone Notice the Inflation Report?

The EUR/USD currency pair fluctuated between 1.0886 and 1.0935 throughout Wednesday. As there were no updates on new tariffs or sanctions from Donald Trump during the day, the market ceased
Paolo Greco 03:12 2025-03-13 UTC+2

GBP/USD: Trading Plan for the U.S. Session on March 12th (Review of Morning Trades)

In my morning forecast, I highlighted the 1.2917 level and planned to base my market entry decisions on it. Let's look at the 5-minute chart and analyze what happened
Miroslaw Bawulski 15:29 2025-03-12 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 12th (Analysis of Morning Trades). The Euro Prepares for Movement

In my morning forecast, I focused on the 1.0889 level and planned to make trading decisions based on it. Looking at the 5-minute chart, we can analyze what happened
Miroslaw Bawulski 14:56 2025-03-12 UTC+2

How to Trade the GBP/USD Pair on March 12? Simple Tips and Trade Analysis for Beginners

Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair experienced significant growth that seemed to come out of nowhere. It's important to note that the market
Paolo Greco 06:03 2025-03-12 UTC+2

Trading Recommendations and Analysis for GBP/USD on March 12: The Relentless Rally Continues

The GBP/USD currency pair has resumed its upward movement. Over the past two or three trading days, the price appeared to be on the verge of a slight pullback
Paolo Greco 02:25 2025-03-12 UTC+2

Trading Recommendations and Analysis for EUR/USD on March 12: Another 100-Point Drop for the Dollar

The EUR/USD currency pair resumed its upward movement on Tuesday after a two-day pause, gaining another 100 points. Notably, the macroeconomic backdrop did not contribute to the recent decline
Paolo Greco 02:25 2025-03-12 UTC+2

GBP/USD: Trading Plan for the U.S. Session on March 11 (Analysis of Morning Trades). Pound Buyers Aim for a New Weekly High

In my morning forecast, I focused on the 1.2876 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened
Miroslaw Bawulski 18:14 2025-03-11 UTC+2

EUR/USD: Trading Plan for the U.S. Session on March 11th (Review of Morning Trades). The Euro Continued to Rise and Updated the Weekly High

In my morning forecast, I focused on the level of 1.0886 and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened
Miroslaw Bawulski 18:11 2025-03-11 UTC+2

Top analytics

Relevance up to 21:00 2025-03-13 UTC--4
EUR/USD Pair Overview – March 13: Bad Canada and Good Trump
04:12 2025-03-13
Fundamental analysis
Relevance up to 22:00 2025-03-13 UTC--4
EUR/USD Forecast for March 13, 2025
05:13 2025-03-13
Technical analysis
Relevance up to 21:00 2025-03-13 UTC--4
Trading Recommendations and Analysis for EUR/USD on March 13: Did Anyone Notice the Inflation Report?
04:12 2025-03-13
Trading plan
Relevance up to 21:00 2025-03-13 UTC--4
Trading Recommendations and Analysis for GBP/USD on March 13: The Pound Decided Not to Wait Around
04:12 2025-03-13
Trading plan
Relevance up to 22:00 2025-03-13 UTC--4
GBP/USD Forecast for March 13, 2025
05:13 2025-03-13
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.